Finance

About Finance

Become a top-performing hospital with proven methods that can help you achieve success in patient care operations, customer satisfaction and revenue. HASC and our subsidiary AllHealth offer programs and services designed to help your hospital save money and run more smoothly.

Well-Advised is HASC’s New Endorsed Business Partner

This week, HASC welcomes Well-Advised as its newest Endorsed Business Partner. Well-Advised offers free, unbiased and confidential Medicare information and resources to the patients HASC members care for. The enrollment-assistance service reviews all plan options from all insurance providers and matches Medicare-eligible individuals with the best plan option for each person, based on their individual clinical need, preferred physician and hospital, […]

It’s Your Money: Get it Back With MCAG

HASC members have full access to the class action settlement recovery service provided by Managed Care Advisory Group, or MCAG. MCAG represents over 1,400 hospitals and has recovered more than $200 million on behalf of health care organizations from previous settlements. While MCAG is monitoring several class action settlements, the following are significant opportunities with two claim filing […]

H-PACE Funding Option is October 28 Event Focus

HASC Endorsed Business Partner GreenRock Healthcare Capital knows that after a difficult year for hospitals, finding sufficient cash and debt resources can be a big challenge for any institution. For most hospitals, the second largest cash outflow item after payroll is capital spending. Aging plants, obsolescence and emerging technologies, advances in medical knowledge changing standards of care, changing reimbursement and consumer choice create tremendous demand […]

HASC Partner GreenRock Offers Funding Option for COVID-19-related Mitigation

The California Department of Public Health recently issued a 60-day notice stating that temporary waivers of specified regulatory requirements will expire on Sept. 30, 2021. Additionally, OSHPD has notified hospitals that all temporary changes of use, or modifications to the physical environment, must be restored to original condition by Nov. 11 (six weeks after the waiver expires). If not restored by the deadline, such temporary changes […]

Hospitals Face Steep Climb from Financial Pit Created By Pandemic

State and Local Policy Makers Should Support Hospitals, Not Cripple Them LOS ANGELES, CA (May 25, 2021) – In the face of extreme adversity, California’s hospitals and health care heroes have risen to the challenge time and again as the backbone of health care. Their resilience has been matched only by their unrelenting commitment to care for their communities during the worst public […]

Survey: Physicians Key to COVID-19 Recovery

2020 was a challenging year for health care professionals. Many physicians have been on the front lines of COVID-19 care, yet have seen their practices diminish or even close due to the virus. Physician search firm Merritt Hawkins, a HASC Endorsed Business Partner, and the Physicians Foundation tracked how the COVID-19 pandemic affected physicians in 2020 through three national surveys. The […]

Report Highlights Collaboration of Public Health, Health Care Partners to Improve Community Health Through Innovative Investment Strategies

LOS ANGELES, June 16, 2020 — Released today by the Public Health Alliance of Southern California, and the Hospital Association of Southern California (HASC) and its Communities Lifting Communities (CLC) community health initiative, a new comprehensive report outlines innovative multi-sector partnerships between public health, hospitals and health systems, community development and other sectors that leverage resources and align investments to improve people’s […]

Inland Empire Health Plan, L.A. Care Health Plan Take Steps to Provide Financial Support to Contracted Health Care Providers Amid the COVID-19 Pandemic

LOS ANGELES, May 14, 2020 – Inland Empire Health Plan (IEHP) and L.A. Care Health Plan, two of California’s largest publicly-operated Medi-Cal managed health plans, recently announced efforts to provide financial support to hospitals and health systems during the COVID-19 pandemic. In preparation for a potential surge of COVID-19 hospitalizations, California hospitals preserved their bed capacity […]